2286 Bruthen-Buchan Rd, Buchan is a 4 bedroom, 2 bathroom House and was built in 1960. The property has a land size of 48800m2 and floor size of 190m2. While the property is not currently for sale or for rent, it was last sold in February 2021.
Here is an opportunity to purchase a property that was previously an operating saw mill in the Buchan district of East Gippsland.
Please note this special condition from the vendors, that; "the vendors are only selling the land and house, with the milling equipment, the mill shedding, and milling infrastructure, to be disassembled and removed from the property prior to settlement upon an unconditional contract of sale", or "unless the milling equipment and shedding is otherwise negotiated for a financial sum of money, POA, above the advertised listed price of the property". It could then, and only then, be sold as a going concern upon that monetary exchange above the advertised listed price.
Therefore, if you are looking for a small acreage property with a home close to the Buchan township, this could well be worth consideration. Situated on approximately 4.87 Hectares of land (12 acres) with two good access points, one off the main Bruthen Buchan Road, and the other off the old Cemetery Road, the property has a four-bedroom home with the main bedroom boasting a walk-in robe, and two others have bult in robes. It has a living area, open plan kitchen and lounge area with a free-standing wood heater. The bathroom has a shower, a bath and toilet. There is a veranda on the front and back of the home, and water is rainfall, collected in the concrete tank next to the home. There is a catchment dam on the lower portion of the property.
The size of Buchan is approximately 429.6 square kilometres. It has 5 parks covering nearly 88.6% of total area. The population of Buchan in 2011 was 386 people. By 2016 the population was 226 showing a population decline of 41.5% in the area during that time. The predominant age group in Buchan is 50-59 years. Households in Buchan are primarily childless couples and are likely to be repaying $450 - $599 per month on mortgage repayments. In general, people in Buchan work in a managers occupation. In 2011, 78.8% of the homes in Buchan were owner-occupied compared with 77.9% in 2016..
Buchan has 287 properties. Over the last 5 years, Houses in Buchan have seen a 119.91% increase in median value. As at 31 October 2024:
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